Articles for category: Business

Market News

X, formerly Twitter, changes its block feature, allowing blocked users to view posts but not interact, igniting user controversy.

X, formerly Twitter, changes its block feature, allowing blocked users to view posts but not interact, igniting user controversy.

X, formerly known as Twitter, is changing its block feature, allowing blocked users to see public posts from their blockers. This means that while blocked individuals won’t be able to interact with the content or view the account’s private details, they can still see the posts. Elon Musk commented that the current block function was ...

Market News

Nothing’s Ear (Open) earbuds launch today, featuring a sleek design, advanced audio tech, and cutting-edge AI integration for enhanced connectivity.

Nothing’s Ear (Open) earbuds launch today, featuring a sleek design, advanced audio tech, and cutting-edge AI integration for enhanced connectivity.

British tech startup Nothing is set to launch its latest product, the Nothing Ear (Open), on September 24, 2024. Leaked images reveal a sleek, open-ear design with white earbuds featuring a curved band for a comfortable fit. Expected to include 14.2mm titanium-coated drivers and a unique “Bass Enhance” algorithm, these earbuds promise an immersive audio ...

Market News

India’s economy surged to an 8.2% growth in FY24, but the RBI faces inflation challenges ahead of potential rate cuts.

India’s economy surged to an 8.2% growth in FY24, but the RBI faces inflation challenges ahead of potential rate cuts.

India’s economy is showing remarkable resilience, with a growth rate of 8.2% recorded in FY24. S&P Global Ratings has kept its GDP growth forecast for FY25 at 6.8%, acknowledging that the Reserve Bank of India may reduce interest rates as early as October due to moderated urban demand. The Indian government’s focus on fiscal consolidation ...

Market News

Developing nations urge wealthy countries to act decisively against climate change as island states face devastating impacts from rising seas.

Developing nations urge wealthy countries to act decisively against climate change as island states face devastating impacts from rising seas.

At the recent UN General Assembly, leaders from developing nations, particularly small island states, urged wealthier countries to take stronger action against climate change. They highlighted the disconnect between the commitments made by industrialized nations and the realities faced by vulnerable populations. Samoan Minister Cedric Schuster emphasized that those responsible for the majority of greenhouse ...

Market News

FAA overhauls safety protocols after Boeing’s mid-air crisis, promising proactive oversight and data-driven risk assessments to prevent future disasters.

FAA overhauls safety protocols after Boeing’s mid-air crisis, promising proactive oversight and data-driven risk assessments to prevent future disasters.

The Federal Aviation Administration (FAA) is revamping its safety oversight processes following a January incident where a fuselage panel blew off a Boeing 737 Max shortly after takeoff. FAA Administrator Michael Whitaker is set to inform Congress that the agency aims to adopt more proactive measures to identify risks in aviation before accidents occur. Following ...

Market News

Rupert Murdoch’s media empire faces dramatic upheaval as his children contest his plan to transfer control to eldest son Lachlan.

Rupert Murdoch’s media empire faces dramatic upheaval as his children contest his plan to transfer control to eldest son Lachlan.

A trial regarding Rupert Murdoch’s plan to alter his family trust and give control of his media empire to his eldest son, Lachlan, has concluded without a verdict. The case, held in Nevada probate court, will decide the future of significant media assets, including Fox Corp. and News Corp. Murdoch aims to prevent his more ...

Market News

Atlys secures  million funding amidst explosive growth, revolutionizing visa processing for millions of travelers, especially from India.

Atlys secures $20 million funding amidst explosive growth, revolutionizing visa processing for millions of travelers, especially from India.

Atlys, a visa processing platform, has successfully raised $20 million in its Series B funding round, co-led by Peak XV Partners and Elevation Capital. This new investment brings Atlys’ total funding to $40 million and comes as the company has experienced remarkable 20x growth in the past year. The funds will support Atlys’ expansion into ...

Market News

Sri Lanka’s new president Anura Dissanayake vows to restore governance and tackle economic turmoil after a historic election upset.

Sri Lanka’s new president Anura Dissanayake vows to restore governance and tackle economic turmoil after a historic election upset.

Sri Lanka has a new leftist president, Anura Kumara Dissanayake, who was sworn in after a historic election where he defeated the former leader, Ranil Wickremesinghe. Dissanayake promises to restore clean governance and address the deep economic crisis that led to his election. He plans to renegotiate the unpopular $3 billion IMF bailout. As he ...

Market News

The MCA’s upcoming internship scheme, powered by AI shortlisting, aims to streamline candidate selection through a neutral panel process.

The MCA’s upcoming internship scheme, powered by AI shortlisting, aims to streamline candidate selection through a neutral panel process.

The Ministry of Corporate Affairs (MCA) is set to launch its internship scheme for applicants in mid-October. The initial candidate shortlisting will utilize artificial intelligence for efficiency. After this, a neutral panel made up of government and industry experts will review the shortlists and create a pool of candidates for companies to choose from. The ...

Market News

In New York, Modi announces new US consulates, emphasizing India’s pivotal role in global growth and unity, igniting diaspora pride.

In New York, Modi announces new US consulates, emphasizing India’s pivotal role in global growth and unity, igniting diaspora pride.

Prime Minister Narendra Modi addressed the Indian community in New York, announcing the opening of two new Indian consulates in Boston and Los Angeles. He emphasized India’s evolving foreign policy, stating that the country now seeks equal partnerships globally, moving away from previous policies of equidistance. Modi highlighted India’s significant role during the COVID-19 pandemic ...

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